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Fed should be dissolved: Rogers

Jim Rogers, chairman, Rogers Holdings, says that the US is the biggest debtor in the world...  
 
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saturn5100 (1 month ago) Show Hide
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Jim advocates sensible fiscal and monetary policies. One of my favorites lines from Jim is, "You don't solve a problem caused by too much spending and too much debt with even more spending and even more debt." I also love to hear him lambaste Wall Street and the Federal Reserve. If only the USA's politicians understood economics. Unfortunately, economic ignoramuses have governed the USA for twenty years.
louiethegreater (1 month ago) Show Hide
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you mean free traders.
gschua18 (1 month ago) Show Hide
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Exactly! The American Dollar would be worthless in the near future if the Fed continue with this policy. Ultimately, the loser is none other than honest hardworking American citizen.
louiethegreater (1 month ago) Show Hide
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Making profits on the backs of third world 20 cent an hr. labor. is wrong. Jim is just another rich guy who has sold out his country for globalsim.
louiethegreater (1 month ago) Show Hide
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A great example of an American trading the stars and stripes for global socialism.
gschua18 (1 month ago) Show Hide
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America is the one practicing socialism today by imposing high duties on its import.
louiethegreater (1 month ago) Show Hide
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You mean tariffs supports socialism. What does re-distribution the American Middleclasses wealth to the third world sound like. We need a 50% tariff on all products entering the country. That protects american workers from the cheap, unregulated third world labor markets.
gschua18 (1 month ago) Show Hide
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So 300 million Americans will pay more for imported goods just to save a few thousands job. What a wise move!
louiethegreater (1 month ago) Show Hide
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How about 15 million jobs.
Harshjones (1 month ago) Show Hide
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Keynes is economic witchcraft.

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